China’s cabinet clears path for VAT law to take effect next month
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed…
Revenue takes a hit in October as imports decline
Although revenue collection posted strong growth from July to September of fiscal year 2025-26, it stumbled somewhat in…
Chinese Fiscal Spending Slowdown Persists in Risk for Growth
China’s government spending increased at a slower rate for the second straight month, underscoring how weaker fiscal support…